Revenue Interest Financing Agreement (Tables)

9 Months Ended

Sep. 30, 2024

Revenue Interest Financing Agreement

Summary of the activity of revenue interest financing agreement

The following table summarizes the activity of the Revenue Interest Financing Agreement for the nine months ended September 30, 2023 and September 30, 2024 (in thousands):

For the nine months ended September 30, 2023
Revenue Interest Financing Balance at December 31, 2022	$	30,877
Non-cash interest expense in the nine months ended September 30, 2023		4,421
Amortization of debt discount in the nine months ended September 30, 2023		194
Payments made in the nine months ended September 30, 2023		(736)
Revenue Interest Financing Balance at September 30, 2023	$	34,756
Current portion of revenue interest financing liability		1,901
Long-term portion of revenue interest financing liability		32,855
Revenue Interest Financing Balance at September 30, 2023	$	34,756
For the nine months ended September 30, 2024
Revenue Interest Financing Balance at December 31, 2023	$	35,977
Non-cash interest expense in the nine months ended September 30, 2024		4,528
Amortization of debt discount in the nine months ended September 30, 2024		441
Payments made in the nine months ended September 30, 2024		(1,744)
Revenue Interest Financing Balance at September 30, 2024	$	39,202
Current portion of revenue interest financing liability	$	3,163
Long-term portion of revenue interest financing liability		36,039
Revenue Interest Financing Balance at September 30, 2024	$	39,202